The Federal Maritime Commission increased the maximum penalties assessed for statutory violations effective January 15, 2022, as required by the Federal Civil Penalties Inflation Adjustment Act of 2015. The increases are tied to the rate of inflation.
Maximum penalties for knowing and willful violations of the Shipping Act increased to $65,666 from $61,820; and maximum penalties for violations that are not knowing and willful will increase to $13,132 from $12,363.
The Commission will also increase the fees for nine other penalties. The complete list of penalties is published in the Federal Register and on the Commission’s website. AP Tariffs provides clients with free compliance management (up to 2 hours/month) to help customers avoid FMC compliance penalties. AP Tariffs also offers prospective clients a free 30-minute consultation to discuss how our team of FMC compliance experts can help your company stay on the right track. Free consultations are available in both English and Spanish. Contact AP Tariffs today!